Case Study: MASSEY STREET CHILDREN'S HOSPITAL

Title
MASSEY STREET CHILDREN'S HOSPITAL 

Author
Juan M. Elegido 

Pages
11 

Product Type
Case 

Reference #
ETH-C-96-1-01 

Teaching Note
 

Institute

Setting
Nigeria. Commercial banking. 

Year
1996 

Keywords
corporate affairs



Summary/
Abstract
Guaranty Trust Bank Plc, a highly successful Nigerian indigenous "new generation" bank, decided to devote 2% of its profit before tax to corporate donations and to concentrate its giving for several years on a single project: the rehabilitation of a State-owned children's hospital in Lagos. The case describes antecedents of this decision and the early stages of implementation. Some data is provided on the corporate giving policies of other companies operating in Nigeria. The case affords an opportunity to discuss corporate giving vis-a-vis a firm's responsibilities towards its shareholders in a developing country context.

 


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